Synopsis
Amazon and Paytm between them accounted for more than half of the additional job offers at IIM Indore this year. Flipkart, Razorpay and Grofers too are among companies recruiting during IIM placements this year.
Agencies
New Delhi | Kolkata: Cash-rich ecommerce companies and tech startups have handed out a large number of offers to management students of the Class of 2021.
Top business schools in the country have seen a sharp spike in job offers from new-age companies this campus placement season. Indian Institute of Management Indore has reported a near 80% jump in offers from ecommerce and startup players this year over last year, followed by IIM Bangalore and FMS Delhi with increase of 53% and about 40%, respectively. IIMs Lucknow, Ahmedabad and Kozhikode reported jump of 24.5%, 20-25% and 10%, respectively.
IIM Lucknow has concluded its 2020-21 Final Placements for the 35th batch of MBA and 16th batch of MBA-ABM students. Owing to Covid-19 protocols, the process was conducted virtually.
This year, the highest domestic and international annual cost-to-company (CTC) package attained matched up to Rs 51 lakh and Rs 56 lakh, respectively. The average and median annual CTC stood at Rs 26 lakh and Rs 23.5 lakh, respectively.
According to IIM-L, top national and international recruiters participated in this year’s placement cycle, with recruiters offering a wide gamut of roles in domains like consulting, finance, general management, IT & analytics and sales & marketing.
A good number of prestigious first-time recruiters were also on-boarded this time apart from the legacy recruiters offering diverse job profiles to the candidates.